For all the fear in the market and selling by huge institutions, many regular investors have been holding relatively steady. “People, by and large, are keeping their heads right now,” said JJ Kinahan, chief market strategist at TD Ameritrade. Clients are mostly sticking to their long-term investment plans, he said, though some may want to adjust their portfolios if they feel uncomfortable with all the volatility. “We’re looking at a month of volatility as the coronavirus plays out,” Kinahan said. For the second, all the coronavirus worries make investors less willing to pay high prices.

Source: The Standard March 12, 2020 03:12 UTC